I am in it for the long run. I am not a day trader. The reason...

I am in it for the long run. I am not a day trader. The reason why I am in it for the long run,

A. Excellent client just came on board BHP + expect more good clients in future
B. Expect hotter summer than last year, that will drive up demand
C. Infrastructure projects all over Oz, though it's a little while away they are coming, which requires high energy demands
D. China has asked businesses in China to stock pile resources such as commodities because they are now very insecure about holding US T-bills. Most of those commodities come from Oz which will help drive up demand/energy demand
E. Oz is not in recession, business and confidence is picking up, which will drive energy demand.
F. The Sun, mars, earth, Saturn and Jupiter are all in alignment, the gods say buy stock (ok, this last one might not be true)


Some are going to take profits, that is normal. But others will just keep riding it up. I would expect the bigger fund managers to also jump on board.

Anyhow, its all positive. Good to see that we all hung in there. And we should see more good news in the future.